For its first eight years, Amazon $AMZN didn’t have a single profitable quarter. Now the Seattle bookseller is worth over $1.2 trillion. What is

For its first eight years, Amazon $AMZN didn’t have a single profitable quarter. Now the Seattle bookseller is worth over $1.2 trillion. What is

For its first eight years, Amazon $AMZN didn’t have a single profitable quarter. Now the Seattle bookseller is worth over $1.2 trillion. What is